EURCHF Analysis - Price Moves in a Freeway Downward Below the 1.04710 Key Level EURCHF price is descending on a freeway below the 1.04710 key level. The market has been willing to move in a bearish format right from mid-September. The bears, however, succeeded in achieving their objective. They …
Money management
EURUSD Maintains Equilibrium Ahead of Market Decision
EURUSD Analysis - Price Maintains Equilibrium Above 1.12020 EURUSD maintains equilibrium as it awaits market forces to toss the balance in price upward or downward. The key levels at which the market is kept in confinement are 1.13840 as resistance and 1.12020 as support. EURUSD dropped into this …
NZDUSD Breaks Out and Retests the Downward Channel
NZDUSD Analysis - Price Breaks Out From Its Downward Channel NZDUSD breaks out on the 10th of November after the crossing of the 9 and 21 Moving Averages. The massive breakout led to a dive in the market from the supply zone at 0.720 to the demand zone at 0.690. The 9 and 21 Moving Averages …
